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Radian Group Inc. Message Board

  • batuque09 batuque09 Jun 26, 2013 4:49 PM Flag

    HELP

    May somebody long, explain whats going on,,,ok, MtG and GNW, ard doing better since it was in 14+ in the downside and in the upside, just manipulation or something else....any advice are welcome. Long since avg. 3, 15000 + shares. Thanks in advance. Not english speaking..

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    • I hope by reading Radian's Conference Call question & Answer I posted here for you was helpful. So you don't except profit for next 3 quarter. Outlook was bad and this is the profit taking time for big boys.

      Sentiment: Strong Sell

      • 1 Reply to edi_longmtg
      • EDI. thanks for your imput. I don I know practicallay nothing about market, beside avg down or up
        I think you are right. What I did not like was, the behavor of RDN lastly, Yesterday for instance finaly + - .09.!!! I am good Medical Internal Phisician of the the South of the of the continent.. If you mind I divide this morning, betewn GWW and MTG. The decision Is minne. You help me. One thing i know, beside I think I have 2 Stocks and most shares.. I don t know who you are but think you deserve to know my behavor. You answer help me. Will seee....Please avoid somebody kid me...If don t know nothing...or whatever. Be in touch, Keep on working in the hospital. P.

    • Barclays Capital, Research Division
      Okay. That's helpful. Next one is can you give us a sense for kind of what your longer-term expectations for the direction of kind of your average premium? Do you still have kind of higher premium stuff running off that's putting some pressure on that? And will you actually get a little bit of a central offset as you reduce the amount that you're -- of risk that you're reinsuring?

      C. Robert Quint - Chief Financial Officer and Executive Vice President
      No, Mark. I mean, I think, it's fair to assume that the run rate of the earn premium rate will be similar to what it is. We're still writing a little bit less 95 LTV business than is normal. So the normal mix historically was 50-50, and we're writing more 90 LTV, which has a lower premium rate. So I think there's a little bit of upside there. But I think the run rate is pretty fair at this point.

      Sanford A. Ibrahim - Chief Executive Officer and Director
      Mark, to the extent that the persistency is down and the short life of the single is shortened, we collect all that premium upfront.

      C. Robert Quint - Chief Financial Officer and Executive Vice President
      Yes, the single premium loan pays off early, then we're going to recognize all the UPR at once. And that's going to -- that will make earn premium a little bit bumpy from quarter-to-quarter, depending -- but I think in terms of average rate, I think it's fair to assume it's going to be pretty steady

    • Operator

      And our final question will come from the line of Geoffrey Dunn with Dowling & Partners.

      Geoffrey M. Dunn - Dowling & Partners Securities, LLC
      Bob, can you provide an idea of the unit paid pattern as you go about cleaning up the pending inventory? How are we going to see it develop over the next 3 quarters? I assume there's going to be kind of a spiked bell curve?

      C. Robert Quint - Chief Financial Officer and Executive Vice President
      Yes, I think, I would say, for 2013, I think, you'll see a ramp up, because this is about getting these claims out and the process. So I think you'll see the second quarter may be a little bit higher than the third quarter, a little bit higher because we're still improving the process. So it's not going to -- I wouldn't say we're going to have this huge spike 1 quarter and then come down kind of thing. It's really -- we're really getting as many out the door as we can, and I think that's kind of the pattern.

      Geoffrey M. Dunn - Dowling & Partners Securities, LLC
      Okay. In terms of this comp expense, it's a shame to see good stock performance weren't on your results. Is there any cost-effective way to hedge this out and negate it?

      Sanford A. Ibrahim - Chief Executive Officer and Director
      Geoff, that's an interesting question. And the most important thing is, as you said, in one sense, it's a good problem to have and everybody should be happy that our stock went up as much as it did. And it was driven in part by -- this was driven in part by the fact that, for the years in which where this award was given out, we did not have enough equity to give out equity-settled awards. And we will consider equity-settled awards as opposed to cash-settled awards in the future.

      Q - Okay. That's helpful. Next one is can you give us a sense for kind of what your longer-term expectations for the direction of kind of your average premium? Do you still have kind of higher premium stuff running off that's putting some pressure on that? And w

 
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